Open Offer triggered for RR MetalMakers at Rs 23.85 per share

Listed-company acquisitionOpen offer triggeredStrategic Transactions View source PDF Explain this filing

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.0%Reaction day

₹67.81

prior close

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announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.1%-2.1% vs market

Trading - Metals peers, median of 9sector+0.4%-2.4% vs sector

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250 and 2.4 pts less than its Trading - Metals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.0+0.1-2.1+0.4-2.4

Next day

-3.9+0.2-4.1-0.1-3.8

-5.9+0.6-6.4+1.3-7.2

-7.7-0.0-7.7+1.3-9.0

-9.6+0.5-10.1-0.5-9.1

-11.4+0.8-12.1+0.6-11.9

-14.9+0.6-15.4-2.1-12.8

15d

-27.5+1.3-28.8-3.2-24.3

-28.7-1.4-27.3-2.9-25.8

-34.9-0.6-34.4+2.9-37.9

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UpDownMarket · Nifty Microcap 250Sector · Trading - Metals peers, median of 9Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Acquirers RB International Holdings, Suyog Desai and Nikita Desai will buy up to 23.42 lakh shares (26% of equity) from public shareholders of RR MetalMakers at Rs 23.85 per share, total Rs 5.59 crore. Offer runs Sep 23 to Oct 7, 2026. Triggered by an SPA to acquire 70.66% from promoters Virat Shah and Alok Shah at the same price. Stock is under ESM-2 surveillance.

Likely market impact

Public shareholders can tender shares at Rs 23.85. Stock is under ESM-2 surveillance and public shareholding may fall below 25% after deal.